Mason Hawkins

Mason Hawkins

Last Update: 03-06-2015

Number of Stocks: 28
Number of New Stocks: 3

Total Value: $17,384 Mil
Q/Q Turnover: 16%

Countries: USA
Details: Top Buys | Top Sales | Top Holdings  Embed:

Mason Hawkins Watch

  • Mason Hawkins's Longleaf Partners Comments on CONSOL Energy

    Other strong performers in the quarter included Level 3, up 27%, and CONSOL Energy (CNX), up 25%. At Level 3, since taking over as CEO in April, Jeff Storey has implemented the necessary steps to grow top line and increase cash flow by reducing costs and focusing on higher margin enterprise customers. Brett Harvey, CEO at CONSOL indicated that management is exploring the sale of assets and could potentially split the company into various parts: natural gas, coal, and infrastructure. Even with meaningful recent stock gains, both companies remain among our most discounted names.

    From Mason Hawkins' Longleaf Partners Fund third quarter 2013 commentary.  


  • Mason Hawkins' Longleaf Partners Comments on FedEx

    FedEx (FDX) gained 25% over the last nine months after delivering 16% in the third quarter. The stock increase reflects some degree of confidence that management will execute planned cost cuts at the Express air delivery segment to adjust to the migration of more traffic onto ships and trucks due to high oil prices. While the stock has been volatile over the past year, our appraisal of the company has steadily grown, driven by the Ground segment. Subsequent to quarter-end, FedEx announced a share repurchase plan of 11% of the company.

    From Mason Hawkins' Longleaf Partners Fund third quarter 2013 commentary.  


  • Mason Hawkins' Longleaf Partners Fund Management Discussion - Third Quarter 2013

    Longleaf Partners Fund delivered a substantial 9.8% in the third quarter, taking the Fund’s year-to-date  


  • Mason Hawkins Discusses Strong Returns in Q3 Shareholder Letter

    Longleaf Partners Chairman and Chief Executive Officer Mason Hawkins and President and Chief Investment Officer Staley Cates discuss holdings Level 3 (LVLT), Chesapeak Energy (CHK), Vodafone (VOD), Washington Post (WPO), Dell (DELL) and others in their third quarter letter to shareholders. The firm delivered one of its strongest quarters for returns in its history in the third quarter. Read the letter here.  


  • Buffett Highlights the GuruFocus Real Time Picks Update

    The following information is a highlight of the real-time guru activity we saw this week. To view more information on these gurus, check out their guru portfolios. “Real Time Picks” reports the stock purchases and sells that Gurus have made within the prior two weeks. If a Guru makes a purchase or sell of a company in which they own a greater-than 5% stake, SEC regulations require them to report their transaction within two days. We saw notable real time activity from Warren Buffett, Mason Hawkins and John Rogers.

    Warren Buffett
      


  • Wendy's Reinvents Burgers and Fries Worldwide - Top Guru Mason Hawkins Chops

    Wendy’s (WEN), the fast food restaurant, is seizing expansion opportunities worldwide. The company currently has seven billionaire investors on board, net income spiked to $12.2 million in the second quarter, and a major image transformation is in the works to drive brand acceleration. At the end of second quarter 2013, Mason Hawkins was Wendy’s top guru stakeholder with 8.9% of WEN shares outstanding. But as of today, he holds 4.8% of WEN.

    Here’s a Wendy’s update and a look at Mason Hawkins’s 46.09% reduction, as of today.  


  • Mason Hawkins’ Busy Week

    On Sept. 10, Hawkins reported two real time transactions to the SEC. The guru also reported a reduction in his holdings in Dell on Sept. 12. These real time picks represent purchases/sales of a stock in which a guru owns greater than a 5% stake. Hawkins bought into News Corp, cut his position in Quicksilver Resources in half and made a 10% decrease in Dell after giving up the battle to keep the company from going private.

    News Corp (
    NWS)  


  • Guru Real Time Transactions Highlight

    The following information is a highlight of the real-time guru activity we saw this week. To view more information on these gurus, check out their guru portfolios. “Real Time Picks” reports the stock purchases and sells that Gurus have made within the prior two weeks. If a Guru makes a purchase or sell of a company in which they own a greater-than 5% stake, SEC regulations require them to report their transaction within two days. We saw notable real time activity from Mario Gabelli, Edward Lampert and Mason Hawkins.

    Mario Gabelli  


  • Mason Hawkins Buys 12% of News Corp

    While still embroiled in a fraught relationship with Dell (DELL), Mason Hawkins’ Southeastern Management has taken a major position in Rupert Murdoch’s company, News Corp. (NWS), according to GuruFocus Real Time Picks. Hawkins acquired an 11.9% stake in the company, amounting to 23,767,700 shares in aggregate.

    Hawkins first disclosed he was purchasing News Corp. shares in his semi-annual report, released Aug. 14.  


  • Activist Mason Hawkins Reduces Oil & Gas, Aggregates and More

    The updated portfolio of low-key activist investor Mason Hawkins, chairman of Southeastern Asset Management, lists 36 stocks, one of them new, with a total value of $20.34 billion and a 3% quarter-over-quarter turnover. His portfolio is currently weighted with the top three sectors: financial services at 31.4%, communication services at 14.5% and energy at 13.7%.

    Here are four of Mason Hawkins’s recent reductions made since June 30, 2013. Catch Guru Hawkins’s second quarter portfolio changes here.  


  • Mason Hawkins' Longleaf Partners Comments on Everest RE

    Bermuda-based reinsurer Everest RE (RE)'s 14% year-to-date (YTD) return made it a top performer in the first half. The company improved its earnings and operations, remained disciplined in its underwriting, and saw pricing strength in the half. Management also made significant repurchases of the undervalued stock.

    From Mason Hawkins' semi-annual 2013 report.  


  • Mason Hawkins' Longleaf Partners Comments on News Corp

    We purchased News Corp (NWS), another company we have owned previously. As the company split out the U.S. Fox entertainment business, we had the opportunity to own the remaining strongly financed, premier media assets around the world at an attractive discount.

    From Mason Hawkins' semi-annual 2013 report.  


  • Mason Hawkins' Longleaf Partners Comments on Level 3

    Level 3 (LVLT) was a detractor in the first half, with price falling 9%. The stock declined in the first quarter after reporting lower-than-expected operating income and 2013 guidance. However, the price rebounded 2% in the second quarter after former COO Jeff Storey was appointed the new CEO. We believe he has the right set of skills and experience to deliver solid revenue growth and cash flow.

    From Mason Hawkins' semi-annual 2013 report.  


  • Mason Hawkins' Longleaf Partners Comments on Guinness Peat Group

    Guinness Peat Group (GPG) declined 29% in the quarter and for the first half, making it the largest detractor over both periods. The company announced in May that the UK regulator had not yet settled its open pension inquiry as to how much financial support GPG must provide to three pension schemes, although management had already put aside funds to cover previously estimated support. The stock declined as capital returns were suspended until the inquiry is completed. GPG continues to sell its noncore assets outside of Coats, the world's leading industrial thread and textile crafts business. Directors at the company bought shares personally after the price decline.

    From Longleaf Partners' semi-annual 2013 report.  


  • Mason Hawkins' Top Second Quarter Portfolio Changes

    Mason Hawkins has been chairman and chief executive officer of Southeastern Asset Management since 1975. He and his partners manage the Longleaf Partners Funds. Hawkins has been receiving a lot of press recently as he’s teamed up with Carl Icahn in the fight for Dell.

    Over the second quarter, Hawkins bought one new stock bringing his total number of stocks owned to 36. His portfolio is currently valued at over $20 billion.  


  • Real Time Guru Reductions as Hudson’s Bay Acquires Saks

    According to GuruFocus Real Time Picks, here are the most recent Guru reductions of holdings in four well-known companies. Check out the companies’ second quarter 2013 financial results as well as trade details.

    First up, the iconic luxury retailer Saks Incorporated (SKS) has entered into a merger agreement with Hudson’s Bay Company (HBC). The merger is expected to be finalized by the end of the year.  


  • Mason Hawkins Comments on Melco International

    Macau gaming company Melco International (HKSE:00200) was the top contributor to performance in the second quarter and for the first half, returning 10% and 50% respectively. Melco had strong visitor growth and increased margins in its Macau casinos as the more profitable mass market continued to outgrow VIP guests. The company completed the successful IPO of its Philippines business in the quarter. We trimmed the position as price appreciated, but the stock remains well below our appraisal.

    From Mason Hawkins' semi-annual 2013 report.  


  • Mason Hawkins Comments on Lamar Advertising

    We also sold Lamar Advertising (LAMR) as it reached our appraisal. We bought Lamar in 2011 at an average cost of $26, trimmed the position as it grew, and fully sold it in the second quarter at an average price of $48 per share. Lamar's strong outdoor advertising positions in its markets helped revenue growth as the economy recovered. Management's effective cost control and decision to explore converting to a REIT also caused the stock's move to value.

    From Mason Hawkins' semi-annual 2013 report.  


  • Mason Hawkins Comments on Madison Square Garden

    We sold two positions. Madison Square Garden (MSG)'s share price approached our appraisal, helping to make it a large contributor year-to-date. We made 114% on the investment during the two years that we held it. The company's multi-year arena renovation has been successful, and the increased value of the television rights for the Knicks and Rangers became clearer.

    From Mason Hawkins' semi-annual 2013 report.  


  • Mason Hawkins Comments on Quicksilver

    The Fund's position in Quicksilver (KWK) declined 19% for the second quarter and 33% for the first six months of the year, making it the largest detractor for both periods. The oil and gas exploration company had positive news that it closed on an agreement to sell 25% of its Barnett Shale assets to Tokyo Gas at a price that is in line with our appraisal. Several challenges, however, weighed on the stock, including failing to refinance all of the company's debt and persistently weak natural gas liquids prices.

    From Mason Hawkins' semi-annual 2013 report.  


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